Jobs

From the Washington Post:

“The [monthly] new job losses pushed the unemployment rate from 6.5 percent to 6.7 percent, the highest rate since the recession of the early 1990s. The figure was tempered by the fact that 422,000 workers left the labor market, many of them discouraged by their inability to find a job. The unemployment rate only includes people actively looking for work.”

Oh. I see. Interesting. I wonder where it would be possible to find data on all those guys (and gals) who are not ‘actively looking for work” in the official channels. I guess those would be all those gang members, homeless people, and all manner of other people who don’t exist. Now that would be some interesting data.

And for a nice finish —

“So far this year, 220,506 jobs have been cut in the financial services industry, 120,742 in the automotive sector and 63,838 in retail, Challenger said. The only sectors that have been immune to layoffs have been health care and energy (my emphasis).” Just add in education and you’ve got it.

Advertisements
Published in: on Friday, December 5th, 2008 at 17:04 pm  Leave a Comment  

The URI to TrackBack this entry is: https://thespindle.wordpress.com/2008/12/05/jobs/trackback/

RSS feed for comments on this post.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: